CONVERTIBLE NOTE PURCHASE AND CANCELLATION AGREEMENTConvertible Note Purchase and Cancellation Agreement • January 11th, 2023 • Applied UV, Inc. • Electric lighting & wiring equipment • Delaware
THIS CONVERTIBLE NOTE PURCHASE AND CANCELLATION AGREEMENT (this “Agreement”) is dated as of January 5, 2023, by and among PURO LIGHTING, LLC, a Colorado limited liability company (the “Company”), ACUITY BRANDS LIGHTING, INC., a Delaware corporation (the “Holder”), and APPLIED UV, INC., a Delaware corporation (“AUVI”). This Agreement shall be effective on the Closing Date of the Agreement and Plan of Merger (the “Merger Agreement”) dated as of December 19, 2022, by and among AUVI, PURO Acquisition Sub I, Inc., PURO Acquisition Sub II, LLC, the Company, Brian Stern, in his individual capacity, Andrew Lawrence, in his individual capacity, and Brian Stern, an individual, as the Member Representative. Capitalized terms used herein but not otherwise defined shall have the meaning ascribed to such term in the Merger Agreement.
